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After bottoming out just below the 1.2100 support, GBP/USD now regains some composure and attempt a modest rebound, although the British pound is expected to remain under pressure following the UK fiscal scenario and higher gilts From a technical...
From my perspective, the GBP/USD pair on the H1 timeframe showcases a clear bearish trend that has developed over the past sessions. The consistent formation of lower highs and lower lows suggests a dominant selling pressure, with buyers unable to...
The Most Famous Trading Types in the Forex Market The Forex market is the world’s largest and most liquid financial market, attracting traders with various goals and strategies. Each trading type caters to specific timeframes, risk tolerance, and...
From my perspective, the AUD/USD chart shown represents a clear example of how technical analysis can reveal market sentiment and guide trading decisions. Observing the hourly timeframe, it’s evident to me that the pair is entrenched in a sustained...